Why news no good, if this company had something good why not announce and share with all the investor. At present there are talk in the market that something good on this company but there no analyst report.
RGB International Bhd expects to increase the number of gaming machines it is supplying on a concession basis in the Asean region to over 7,000 this year from 6,300 in 2014. This is in line with the group's objective for the concession business segment to contribute about 60% of its net profit for 2015 compared with about 50% in 2014.Group managing director Datuk Chuah Kim Seah told StarBiz that the group's expansion plans for the Philippines and other countries in the region would help the group boost its concession business.
•Under the concession agreement with gaming hall operators, RGB effectively leases out the machines to the operators and in return gets a share of the profits and also is responsible for maintenance. •This gives it a recurring income as opposed to the outright sales of the machines. Moving forward, Chuah said RGB would spend RM3m to expand its facility in Seberang Prai at the end of this year. "This will double the production capacity. At present, we are able to manufacture 300 gaming machines per year." (Today StarBiz)
Acquisition of 30% equity stake in Timor Holding, Lda. by RGB (Macau) Limited, a wholly owned sub-subsidiary of RGB International Bhd. - to be completed by end 2015
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Yunqi
156 posts
Posted by Yunqi > 2015-02-27 08:52 | Report Abuse
No need sell loh,confirm drop.